The commercial real estate crash is coming and isn't pretty, but ULI senior fellow Stephen Blank and others say it won't be nearly as bad as the collapse of the residential housing market.
Experts say the commercial crash will be a drag on the economy for years to come, but shouldn't cause the upheaval we've seen.
"The problems in both the residential and commercial real estate sectors combined will, essentially, be a drag on the broader economy, said Matt Anderson, a partner with Foresight Analytics, a real estate consulting firm in California. "The good news for economic growth is that it's not nearly as reliant now on real estate, both residential and commercial, as it had been going into the downturn.""
FULL STORY: Commercial real estate is expected to lag as economy recovers
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
Land Trusts Put Commercial Real Estate in Community Hands
A growing movement to create community-owned commercial spaces could shift power away from institutional landlords.
The Future of Ground-Floor Retail
With demand for housing growing and for physical storefronts waning, do the restrictions imposed by ground-floor retail zoning still make sense?
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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